Insider Selling: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Sells 604,581 Shares of Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Brittany Kaiser sold 604,581 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total value of $211,603.35. Following the completion of the sale, the director now directly owns 604,581 shares in the company, valued at $211,603.35. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Gryphon Digital Mining Stock Up 19.7 %

Shares of GRYP stock opened at $0.45 on Monday. The stock has a fifty day moving average of $0.57 and a 200 day moving average of $0.69. Gryphon Digital Mining, Inc. has a 52 week low of $0.35 and a 52 week high of $8.43.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “neutral” rating on shares of Gryphon Digital Mining in a report on Friday, September 20th.

Institutional Investors Weigh In On Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd boosted its stake in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent reporting period. 10.21% of the stock is currently owned by institutional investors.

About Gryphon Digital Mining

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.